Don’t Blame Ben

Economics
Financial Markets
Monetary Policy
Author

Stephen Kirchner

Published

November 18, 2010

Charlie Gasparino defends Ben Bernanke:

what’s happening to Bernanke now isn’t accountability, it’s a feeding frenzy. And for the good of the country, it should stop.

Classical liberal and conservative critics of Bernanke would do well to read this speech, in which Bernanke pays tribute to Milton Friedman:

Friedman’s monetary framework has been so influential that, in its broad outlines at least, it has nearly become identical with modern monetary theory and practice.